Here& Now's Scott Tong talks with Mike Regan, managing editor at Bloomberg News, about Federal Reserve Chairman Kevin Warsh's speech at the Federal Reserve Bank of Kansas City's annual economic symposium in Jackson Hole, Wyoming. investors what they want to hear? This article was originally published on WBUR.org.
Federal Reserve chairman Kevin Warsh remains tight-lipped about where he thinks interest rates are heading— but investors took his tough talk about inflation at a closely-watched speech on Friday as a signal that rates are likely to go higher. Speaking from Jackson Hole, Wyo., Warsh argued that the labor market is stable, investment is strong and consumer…
Flood insurance may not be top of mind for many this year because hurricane activity in the Atlantic has been unusually quiet. Parts of the Midwest, including Indiana and Ohio, suffered downpours in August that swamped neighborhoods and left seven people dead in Indiana. An analysis of federal data by Neptune Flood, a provider of private flood insurance, found…
—New Federal Reserve Chair Kevin Warsh has sought a lower profile than his predecessors, yet his speech Friday at the central bank's annual conclave in Jackson Hole will be one of the most closely watched in years. What many economists and Wall Street analysts are hoping for is a clear signal on how he thinks the Fed should respond to the ongoing price increases…
Federal Reserve Chairman Kevin Warsh is set to deliver a keenly awaited speech on Friday at the annual gathering of economists and policymakers at Jackson Lake Lodge in Wyoming— and the stakes are as high as the surrounding Teton mountains. Investors were disappointed last month when Warsh promised to curb stubborn inflation but offered no specifics about…
